Docmode Health Technologies (NSE:DHTL) Current Ratio: 0.85 (As of Mar. 2025)


NSE:DHTL Docmode Health Technologies Ltd NSE:DHTL
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What is Docmode Health Technologies Current Ratio?

Docmode Health Technologies NSE:DHTL 14 Current Ratio is 0.85 as of Mar. 2025. GuruFocus rates NSE:DHTL with a GF Score™ of 14/100. Among 680 Healthcare Providers & Services companies, Docmode Health Technologies ranks worse than 78.68% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Docmode Health Technologies's current ratio for the quarter that ended in Mar. 2025 was 0.85.

Docmode Health Technologies has a current ratio of 0.85. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Docmode Health Technologies has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Docmode Health Technologies's Current Ratio or its related term are showing as below:

NSE:DHTL's Current Ratio is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 1.47
* Ranked among companies with meaningful Current Ratio only.

Docmode Health Technologies  (NSE:DHTL) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Docmode Health Technologies Current Ratio Related Terms


Docmode Health Technologies Current Ratio Historical Data

* Premium members only.

The historical data trend for Docmode Health Technologies's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Docmode Health Technologies Current Ratio Chart

Docmode Health Technologies Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Current Ratio
1.23 1.69 1.58 1.31 0.85

Docmode Health Technologies Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25
Current Ratio Get a 7-Day Free Trial 1.58 1.76 1.31 1.03 0.85

NSE:DHTL vs VEEV, BTSG, TEM: Current Ratio Comparison

For the Health Information Services subindustry, Docmode Health Technologies's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Docmode Health Technologies Current Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Docmode Health Technologies's Current Ratio distribution charts can be found below:

* The bar in red indicates where Docmode Health Technologies's Current Ratio falls into.


NSE:DHTL
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Docmode Health Technologies Ltd NSE:DHTL
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Docmode Health Technologies Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Docmode Health Technologies's Current Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Current Ratio (A: Mar. 2025 )=Total Current Assets (A: Mar. 2025 )/Total Current Liabilities (A: Mar. 2025 )
=248.807/291.414
=0.85

Docmode Health Technologies's Current Ratio for the quarter that ended in Mar. 2025 is calculated as

Current Ratio (Q: Mar. 2025 )=Total Current Assets (Q: Mar. 2025 )/Total Current Liabilities (Q: Mar. 2025 )
=248.807/291.414
=0.85

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.85 mean?
Docmode Health Technologies (NSE:DHTL) has a Current Ratio of 0.85 as of Mar. 2025. According to the industry distribution chart, Docmode Health Technologies ranks #535 out of 680 companies in the Healthcare Providers & Services industry, placing it in the top 78.7%.
Is Docmode Health Technologies' Current Ratio too high?
Docmode Health Technologies' current Current Ratio is 0.85. The Healthcare Providers & Services industry median Current Ratio is 1.47. Docmode Health Technologies' value of 0.85 is 42.2% below this industry median. Based on the distribution chart, Docmode Health Technologies ranks #535 out of 680 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, Docmode Health Technologies has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Docmode Health Technologies' Current Ratio compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Docmode Health Technologies ranks #535 out of 680 companies for Current Ratio. This places Docmode Health Technologies in the lower half of its industry. The industry median Current Ratio is 1.47. Docmode Health Technologies' value of 0.85 is 42.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Healthcare Providers & Services company?
The median Current Ratio among Healthcare Providers & Services companies is 1.47, based on 680 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Docmode Health Technologies's current Current Ratio of 0.85 is 42.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Healthcare Providers & Services industry, the median Current Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Docmode Health Technologies's current Current Ratio is 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Docmode Health Technologies stock overvalued right now?
Docmode Health Technologies (NSE:DHTL) has a current Current Ratio of 0.85. The current Current Ratio is 0.85 and 42.2% below the Healthcare Providers & Services industry median of 1.47. Docmode Health Technologies' overall GF Score™ is 14/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Docmode Health Technologies (NSE:DHTL), the current Current Ratio is 0.85 as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Docmode Health Technologies Business Description

Address Chincholi Bunder Road, 201, Kalpataru Plaza, Rambaug Off, Nadiyawala Colony 2, Malad, Mumbai, MH, IND, 400064
Docmode Health Technologies Ltd is engaged in the business of providing comprehensive & interactive learning programs for healthcare professionals through e-Learning measures and providing online CME (continuous medical education) Certification Courses and designing & conducting surveys, quizzes, questionnaires, etc. for collecting data insights related to the healthcare industry Its business segment is engaged in providing vocational training, DocMode is a platform that provides authoritative, comprehensive, and interactive learning programs for Health Professionals - Doctors, Nurses, Allied and Medical Students - across the world. The company has a new segments namely publishing of Medical books, trading of medical books and journals, conducting customised and inhouse events.
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